We Just Added 25 More ETFs In Two Months

Data from the National Stock Exchange shows that there were 880
listed Exchange Traded Funds (ETFs) and Exchange Traded Notes
(ETNs) at the end of October. This is a shocking 25 ETF (and ETN)
jump from just two months before. The number of new ETFs is also
likely to have been more than 25, since probably some older ones
closed down.

The top ten ETFs are shown below.

Changes in ETF flow could be an indicator of where the consensus
is investing. Note the massive growth in Assets for the SPDR
Gold, MSCI Emerging Markets, Treasury Inflation Protected
Securities (TIPS) and Investment Grade Bond ETFs.

Also note how the S&P500 ETF's assets have actually fallen
substantially since October 2008.